Cyberattacks increased at 83% of large U.S. organizations over the past year, according to a recent KPMG survey, even as companies poured more money into artificial intelligence and expanded the responsibilities of the executives charged with keeping their systems secure.
Ireland’s Data Protection Commission has fined Google €403 million over its processing of location data, concluding an investigation that began in 2020 and reached back to the first day the GDPR took effect.
An attacker who has stolen legitimate credentials and learned to use the tools already sitting inside a network can be remarkably difficult to spot. There may be no conspicuous malware announcing the intrusion, no obviously malicious account and, for a time, little to distinguish the attacker from someone who belongs there. CISA wants critical infrastructure operators to give such intruders something they cannot safely touch.
Revolut handed sensitive customer records to an unauthorized third party after receiving fraudulent information requests that came from the legitimate email domain of a government agency, the British fintech confirmed to TechCrunch.
For manufacturers selling connected products and software in the European Union, one of the Cyber Resilience Act’s first deadlines has arrived. Beginning September 11, manufacturers must report actively exploited vulnerabilities and severe incidents that affect the security of their products. The requirement reaches across the enormous category the EU calls “products with digital elements,” covering hardware and software from baby monitors and smartwatches to applications and computer programs.
Italy’s Data Protection Authority has fined Banco Bilbao Vizcaya Argentaria Italia (BBVA) more than €5.5 million after finding that the bank continued sending promotional messages to a customer who had objected to receiving them, an enforcement action that exposed wider problems in how the bank managed privacy requests across its systems.
The New York State Department of Financial Services has spent enough time examining cybersecurity programs to know where risk assessments tend to go wrong. Asset inventories are incomplete. Methodologies change from one assessment to the next. Third parties are considered individually without much thought for the fact that several critical functions may depend on the same provider. Risks are identified, put into a document and then fail to leave much evidence that they influenced the cybersecurity program at all.